NZ Farming Systems Uruguay has reported improved results on the back of better rainfall, growth in its farms, cost cutting and better milk prices.
Plentiful rains are anticipating excellent summer crops in Argentina both for maize and soy beans according to the Buenos Aires Cereals Stock market and the US Department of Agriculture, USDA, estimates.
Argentine President Cristina Fernández de Kirchner admitted that meat prices have risen dramatically (30 to 40%) but immediately blamed the farming sector” and its obsession “to be more profitable as the main reason behind the price escalade.
Cuban President Raul Castro has announced a five-year plan that he hopes will ease the country's economic problems and reliance on food imports. Basically the agricultural reform this time will be to surround cities with small urban farms so private citizens can raise animals and grow fruits and vegetables.
Brazilian agribusiness exports to Arab countries generated 6.86 billion US dollars in 2009 last year, 14% over 2008, according to figures from the Ministry of Development, Industry and Foreign Trade and compiled by the Arab Brazilian Chamber of Commerce. This in spite of the factor that total agribusiness sales dropped 9.8%.
Argentine beef exports last year soared 57% in volume and 11% in value compared to 2008, having totalled 419.000 tons and 1.65 billion US dollars according to an official release from the country’s National Food Health and Quality Service, Senasa.
The world's most expensive ham has gone on sale, complete with its own DNA certificate as a proof of authenticity. The leg of Iberico ham, which weighs seven kilos, is on sale at the food hall in Selfridges in London's Oxford Street.
Brazil expects in 2010 the second largest grain and oil seed crop in history, closely linked to the success of soy beans, totalling 140 million tons, according to the latest release from the Brazilian Geography and Statistics Institute, IBGE.
Brazil's coffee crop may beat the 48.48 million bag record this year, the country's crop supply agency said in a report which also raised forecasts for the newly-begun soybean harvest.
Confidence is high among Chilean winemakers with information released this week showing a 60% increase in exports for November 2009, compared to the same month in 2008.